---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005744"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T13:23:01.019259+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intrusion Q2 revenue $1.5M, EPS $(0.15); files S-1 to raise up to $8.5M

## Summary
- Q2 revenue $1.5M, up 12% sequentially; net loss $(3.1M) or $(0.15) per share vs $(0.21) YoY.
- Gross margin improved to 79% (from 56% YoY); operating expenses reduced to $4.1M.
- Cash fell to $0.3M at June 30 from $3.0M at Dec 31, 2022.
- Filed preliminary S-1 for $8.5M common stock and warrants offering.
- Entered forbearance with Streeterville extending convertible note maturities 12 months to Sep/Dec 2024.

## SEC filing metadata
- accession: 0001683168-23-005744
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316823005744/0001683168-23-005744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316823005744/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005744
- JSON: https://secwatch.observer/filing/0001683168-23-005744.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005744.txt

## Key facts
- Earnings Releases
  INTRUSION INC reported second quarter ended June 30, 2023 results: revenue $1.5 million, net income $(3.1) million, EPS $(0.15) per share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $1.5 million
  - Net income: $(3.1) million
  - EPS: $(0.15) per share
  - Result: reported results
  source text: prevention solutions, announced today financial results for the second quarter ended June 30, 2023. Recent Financial & Business Highlights: · Second quarter revenue of $1.5 million was up $0.2 million sequentially or 12%. · Gross margin increased to 79% during the second quarter, an increase of 2.4% sequentially. · Successfully implemented cost reduction
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823005744/0001683168-23-005744-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.